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The Hartford Whalers Are Going Going ... Beginning of Paper The Hartford Whalers are in a very tough situation at this time. When Peter Karmanos bought the team in May of 1994, he inherited the worst lease agreement at the smallest arena in the NHL. The Hartford Civic Center lease agreement creates profit for private companies; however, t .... Middle of Paper .... After all of this, there is no money left for the Hartford Whalers (Swift & Arace, 1+). The reason why these three companies keep all of the revenue from the Civic Center can be blamed on Richard Gordon, the former owner of the Whalers who did not want the city of Hartford to run the Civic Center. In 1993, the state decided to negotiate a new lease with the Whalers. The state of Connecticut did not want to run the coliseum so they hired three private companies to take this job. These companies would only run the Civic Center if they could .... 2225 words | 9 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95